
9 January 2025 | 5 replies
Cost $5,000I sent out 500 post cards on several occasions that I designed and bought two houses.

11 January 2025 | 9 replies
-Opportunity cost: A 7% interest rate isn’t great, but if you think you can achieve returns higher than 7% by buying another cash-flowing property, paying off the mortgage might not be the best use of funds.Now, let’s explore saving to buy another property:Investing in a Second PropertyPros:-Diversifies your portfolio, reducing risk if your Palm Desert STR underperforms or faces challenges (e.g., stricter regulations or lower demand).

12 January 2025 | 2 replies
It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

11 January 2025 | 6 replies
I would still need to subscribe to a streaming service for cable tv, so cost savings wouldnt be much (or a wash), but otherwise it seems like it might be a viable alternative?

14 January 2025 | 4 replies
This will be costly in today's market and interest rates, but might be worth a shot if they can afford to stay.If they don't want to stay and you want the the townhome to rent to someone else and just want to assume the loan, well then she can call the lender and see if the loan is assumable.

11 January 2025 | 9 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

13 January 2025 | 6 replies
The biggest factors, from what I can tell, are age and rebuild cost.

10 January 2025 | 22 replies
His course will cost you 5k plus the downpayment of say $2500 on a property that likely needs work before it's ready for inspection.

8 January 2025 | 16 replies
For a conventional loan, you can borrow UP to what you paid for the property plus closing costs OR 75% of the appraised value which ever is less.

15 January 2025 | 12 replies
Houfy now has a damage protection plan that costs the guests $5 a night and does light identity screening through SuperHog.